According to Reports and Data, The TV White Space Spectrum Market Grow with a CAGR of 72% from 2020 to 2028, the market is anticipated to grow from USD 4.1 million in 2020 to USD 310.4 million by 2028. The desire for low-cost broadband connections in remote areas utilizing TVWS technology and the necessity of adopting TVWS technology for smart grid applications are the main factors propelling the market’s expansion.
The term “smart grid” refers to a technology that automates and remotely controls utility power supply systems utilizing computers. By enabling two-way communication, these smart grids are anticipated to completely transform the current electrical grid and increase the efficiency, dependability, and sustainability of electricity generation, transmission, and distribution. The communication between the control center and the smart metering installation at the client premise is one of several problems with these grids, though.
Many businesses are employing TVWS-based communication to provide middle-mile connectivity to support smart metering and other smart grid technologies to get around these problems. A small number of TVWS channels are needed for the smart grid application because it does not demand a lot of bandwidth.
Numerous countries have expressed interest in adopting this communication network because of the minimal bandwidth required. For different smart community projects, Singapore is one of the first nations to implement TVWS-based communication. The power grid control center contributes to middle wire connectivity between the control center and the smart metering at the customer base through this TVWS communication network.
Further key findings from the report suggest:
Market Size Estimation:
The size of the TVWS spectrum market and numerous other related submarkets have been estimated and validated using both top-down and bottom-up methods. Through primary and secondary research, the major market players have been identified, and their market shares in the various regions have been calculated. To obtain important insights (both quantitative and qualitative) on the TVWS spectrum market, this entire research methodology entails the analysis of annual and financial reports of the leading market players as well as interviews with industry experts (such as CEOs, VPs, directors, and marketing executives). The percentage splits, breakdowns, and shares have all been established using secondary sources and confirmed with original ones.
To obtain the final quantitative and qualitative data, all relevant factors that might have an impact on the markets examined in this research study have been taken into account, carefully examined, confirmed through primary research, and assessed.
Throughout the forecast period, North America is expected to hold the top spot in the worldwide TVWS spectrum market, accounting for 36% of all sales in 2020. Africa’s market is also anticipated to expand at the fastest rate between 2020 and 2028. The consistent backing provided by North American governments for the deployment of TVWS spectrum technology in various applications is the main driver of market expansion in this area. For instance, the FCC ordered that the US be among the first few nations to establish effective regulations governing the use of white space technology through TV broadcasts, and UHF/VHF bands. Even though the internet is transmitted through GHz bands, trial tests carried out across the US have shown that providing internet connectivity through TV bands is cost-effective and that the transmission of TV radio waves over distances of more than 10 km to areas without lines of sight is also effective.
Component Type Outlook (Revenue, USD Million; 2020–2028)
- Power Supplies
Software and Service (Revenue, USD Million; 2020–2028)
Device Type (Revenue, USD Million; 2020–2028)
- Fixed Devices
- Mobile Devices
Application (Revenue, USD Million; 2020–2028)
- Rural Internet
- Urban Connectivity
- Public Safety
- Smart Grid Networks
- Transportation and Logistics
- Vehicle Broadband
Range (Revenue, USD Million; 2020–2028)
- Medium Range
- Long Range
- Very Long Range
Regional Outlook (Revenue, USD Million; 2020–2028)
- North America
- the Asia Pacific
- Rest of the World (RoW)